WHUT (Howard University Television)
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Oct 6, 2012
10/12
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because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal reserve obviously wasn't doing what it should have done in the years before the crisis. >> it was paying too much attention to interest rates and not enough attention to employment. >> that was one of the problems. it was not paying enough attention to what the banks were doing. one of the members of the fed actually talked about it. there is a housing bubble going on there is predatory lending going on. you should stop this because if you don't you're going to have a problem. >> greenspan and the rest of the board ignored it. and so that lead to the housing bubble. and predatory lending. the fed ha
because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal...
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Oct 10, 2012
10/12
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more tax breaks for the rich. and then they want to make massive cuts in social security medicare medicaid and virtually every other family needs. that's the plan. third point they would make sever poll that i have seen suggests that that is exactly what the american people don't want. the american people have been very clear. when the top 1% owns 42% of the wealth in america, you know what, you have got to start asking those guys to start paying their fair share of taxes. when the middle class is disappearing, you can't cut social security -- and by the way, the so-called chain cpi, one way to cut social security would not only hit the elderly and disabled it would also hit disabled veterans. you don't make massive cuts in medicaid or medicare so i think this issue is very very clear. which side are we on? are we going to protect the wealthiest people in this country, the largest corporations eliot, one fourth of profitable corporations pay nothing in taxes. we are losing about $100 billion a year because the wea
more tax breaks for the rich. and then they want to make massive cuts in social security medicare medicaid and virtually every other family needs. that's the plan. third point they would make sever poll that i have seen suggests that that is exactly what the american people don't want. the american people have been very clear. when the top 1% owns 42% of the wealth in america, you know what, you have got to start asking those guys to start paying their fair share of taxes. when the middle class...
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Oct 5, 2012
10/12
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companies that are taxed at the individual tax rate. if you raise taxes on them, they have less money to spend. and to hire people with. the best way to get a balanced budget at the federal government level is to have this economy grow so more people are working. if more people are working, more people are paying taxes. by the way, if there is competition, trying to hire people -- if there is lots of business activity, wages go up, take-home pay goes up. that's more tax revenue. by far the most powerful way to get us to a balanced budget is to grow the economy. that's why my tax plan, which is estimated to create 7 million jobs, will help us more than anything else to get to that balanced budget. >> sean: i know this was not about foreign policy last night. we have been following very closely on this program, the issue in benghazi, the death of our ambassador, the first time in 30 years, two navy seals. do you believe there is a coverup going on? >> well, sean, first, let me note my condolences and sympathy for the families of those who
companies that are taxed at the individual tax rate. if you raise taxes on them, they have less money to spend. and to hire people with. the best way to get a balanced budget at the federal government level is to have this economy grow so more people are working. if more people are working, more people are paying taxes. by the way, if there is competition, trying to hire people -- if there is lots of business activity, wages go up, take-home pay goes up. that's more tax revenue. by far the most...
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Oct 2, 2012
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. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. [ male announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one click, saving time to be nostalgic about
. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live...
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Oct 6, 2012
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! if you have an opinion, you better back it up. >>eliot spitzer takes on politics. >>science and republicans do not mix. >>now it's your turn at the only online forum with a direct line to eliot spitzer. >>join the debate now. >> eliot: if you want to lower the abortion rate there is an effective way to do it without changing the law. you can see it in our number of the day 61% that's how much birth rate fell when birth control was given away for free. this came out of a study by washington university, 9,000 women, many of whom were poor and uninsured were offered contraceptives without cost. most got iuds or other implants which are the most effective option and usually quite expensive. but the drop in pregnancy more than made up in the ex
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! if you have an opinion, you better back it up. >>eliot spitzer takes on politics. >>science and republicans do not mix. >>now it's your turn at the only online forum with a direct...
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Oct 3, 2012
10/12
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with respect to the governor plans for tax reform, he has a plan , pro-growth plan to cut taxes for the middle class because he will allow them to save and invest tax-free. unlike president obama, he has no plans to raise taxes. president obama has plans to raise taxes in this term and the next term. if he does that, he will plunge us off the fiscal cliff to another recession. this is why this choice facing the american people is critical. >> bret: when you hear the obama campaign and all the folks say, and interview after interview say we want specifics of how these loopholes will close and how you will pay for $5 trillion in tax cuts, are we going to hear it tonight? >> i think what you will hear from governor romney is the same thing we heard from president reagan in 1986. in 1986, the last time we undertook substantial tax reform, president reagan or ticklated -- articulated his principles. he laid out the broad guideline and gue him in his negotiation with congress. we did something great for the american people back then. we pushed down rates. that created economic expansion. that
with respect to the governor plans for tax reform, he has a plan , pro-growth plan to cut taxes for the middle class because he will allow them to save and invest tax-free. unlike president obama, he has no plans to raise taxes. president obama has plans to raise taxes in this term and the next term. if he does that, he will plunge us off the fiscal cliff to another recession. this is why this choice facing the american people is critical. >> bret: when you hear the obama campaign and all...
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Oct 5, 2012
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one show put together moments when he wasn't. >> let's stay on taxes. >> just -- let's just stay on taxes for a moment. >> but virtually everything he just. >> but all i want to do is very quickly before we leave the economy. >> let's get back to medicare. the president said that the government. >> going to get the first word in the next segment. >> small businesses you are talking about. >> excuse me, just so everybody understands. >> gentlemen, look, one second. >> >> let's stay on the taxes then. >> i had five seconds before you interrupted me. >> i actually responded to that which is. >> jim,. >> respond to that. >> i have done a poor job. >> you have done a great job. >> oh well. no. >> bret: man, oh man, thanks for inviting us into your home tonight. make it a great weend
one show put together moments when he wasn't. >> let's stay on taxes. >> just -- let's just stay on taxes for a moment. >> but virtually everything he just. >> but all i want to do is very quickly before we leave the economy. >> let's get back to medicare. the president said that the government. >> going to get the first word in the next segment. >> small businesses you are talking about. >> excuse me, just so everybody understands. >>...
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Oct 2, 2012
10/12
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. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. >> sean: we continue now with arnold schwarzenegger. he's written a new memoir. it's called "total recall: my unbelievably true life story." you talk about in your book, you go through a childhood where you grew up, where you had to walk to get water. >> milk. >> sean: milk. you didn't have a bathroom. you didn't have running water. you didn't have any of the bare necessities. >> ri
. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live...
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that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years rom hi has been campaigning on a tax cut that would cost around $5 trillion over ten years. he said he would eliminate deductions and spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which was 0.01% in 2012. medicaid was 0.13%. romney also spoke in favor of regulations including much of the dodd/frank bill and he repeatedly held up as a model his health care plan in massachusetts which has added center the individual mandate and on which obama care is based. romney's transformation did not happen overnight. the candidate has been reworking his stuck stuck speech. he has a five-point stump speech. the first four points are absolutely identical to obama's stump speech. 2, dough mess tech energy, 3, retraining programs, four, domestic. on five they differ. i've long argued that romney is an intelligent man trapped in a party that has forced him to embrace extreme and i
that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years rom hi has been campaigning on a tax cut that would cost around $5 trillion over ten years. he said he would eliminate deductions and spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which was 0.01% in 2012. medicaid was 0.13%. romney also spoke in favor of regulations including much of the...
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time to go through the math of how the governor's budget plan works, and you can pay for it, and his tax cuts, i think he'll be hard-pressed to say that well i'll get back to you, i don't have time. i think the debate's going to be interesting and they're going to have to back up their statements. i think they'll be held to account for more than they've been held to account for as far as the facts and the details in this hour debate, hour and a half debate. >> it will certainly be fascinating. for now, thank you very much. >> thank you, piers. >>> here to break down all the debate strategy in tonight's battleground america, two "new york times" columnists on opposite sides. charles blow and ross dalfell. thank you both. i see you're already snarling across the newsroom. >> we're great friends. >> i don't want to hear that. >> he's my favorite conservative. >> no time for friends. let me start with you, ross. romney's got it all to play for, good and bad, depending on who you talk to. this is make or break time in a good or bad way. chris christie believes and i will quote here, i've seen
time to go through the math of how the governor's budget plan works, and you can pay for it, and his tax cuts, i think he'll be hard-pressed to say that well i'll get back to you, i don't have time. i think the debate's going to be interesting and they're going to have to back up their statements. i think they'll be held to account for more than they've been held to account for as far as the facts and the details in this hour debate, hour and a half debate. >> it will certainly be...
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Oct 5, 2012
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, tax reforms on individual and corporate level. we need to take a look at things like education. interestingly, going back to the technology, we have a lot of americans out of work, but a lot of jobs in the technology field where we don't have enough skilled workers to fill them. maybe we need to look at education as well. >> read this quote from henry blodget, the business insider. here is what he said here. he said this is about our current system and philosophy. not sustainable. why not? they're creating a country of aful overlords and 300 million serfs, peasants. are you optimistic? will the middle class start rolling, bouncing back again? >> i'd like to say yes, i'm hopeful. but i think it really is going to -- i think this is going to take time and i think it is going to come down a lot to policies and regulations and what our tax structure looks like moving forward. i think it will come down to the political elections as well and what americans see for their future. >> morgan brennan, thank you. i'll go with you on the glass
, tax reforms on individual and corporate level. we need to take a look at things like education. interestingly, going back to the technology, we have a lot of americans out of work, but a lot of jobs in the technology field where we don't have enough skilled workers to fill them. maybe we need to look at education as well. >> read this quote from henry blodget, the business insider. here is what he said here. he said this is about our current system and philosophy. not sustainable. why...
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Oct 5, 2012
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by the way, when you take that together with state income tax and real estate tax and gasoline tax and -- that means that small businesses that are highly acceptable will give half of what they've got to the government. that's going to kill jobs. i don't want to kill jobs. my priority is creating jobs. i'll help small business do that with everything i can do. now, we can do better. we don't have to stay on the path we've been on. we can do better. there was a report that just came out this morning on job creation this last month. there were fewer new jobs created this month than last month, and the unemployment rate, as you know, this year has come down very slowly, but it's come down, nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. if you just drop out of the work force, if you just give up and say, look, i can't go back to work, i'm just going to stay home, if you just drop out altogether, why, you're no longer part of the employment statistics, so it looks like unemployment is getting better
by the way, when you take that together with state income tax and real estate tax and gasoline tax and -- that means that small businesses that are highly acceptable will give half of what they've got to the government. that's going to kill jobs. i don't want to kill jobs. my priority is creating jobs. i'll help small business do that with everything i can do. now, we can do better. we don't have to stay on the path we've been on. we can do better. there was a report that just came out this...
WHUT (Howard University Television)
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Oct 3, 2012
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year period, the reforms mess, in the short-term as your administration has shown with its payroll tax cuts, in 2010, look there is no question this made a difference in the ux, is economy you are having an argument why is the 1.7, 1.9 percent not higher? but actually, i can tell you from the uk where we have got negative growth it could be much lower. and that is why the cyclical problem of low demand has to be addressed on austerity can't do that, but that is not an excuse for a p after striding the structural issues the western economies are creating which above all is about innovation. >> but are they basic issues about spending that have to be addressed as well? >> yes. >> and where is significant efficiencies brought to bear in governance? where does that become -- which is a good idea, when does that become austerity? >> well -- >> reforming the state is essential, there was a financial crisis in 2008, but we, and i am on the left of politics, we stand, we should stand for reforming the state to meet modern needs as well as reforming the markets to make sure it doesn't crash, an
year period, the reforms mess, in the short-term as your administration has shown with its payroll tax cuts, in 2010, look there is no question this made a difference in the ux, is economy you are having an argument why is the 1.7, 1.9 percent not higher? but actually, i can tell you from the uk where we have got negative growth it could be much lower. and that is why the cyclical problem of low demand has to be addressed on austerity can't do that, but that is not an excuse for a p after...
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Oct 9, 2012
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for the united states, you got to deal with the fiscal cliff, the imf saying that combination of tax hikes and spending cuts could lock 4% of gdp growth in 2013. a message from our friends at the imf. back to you. >> also, i want to ask you about this story. "the wall street journal" reporting this morning, goldman sachsm turning their back on president obama. is this a trend an wall street this time around? >> this is a fascinating story. this is a real about turn. apparently two-thirds of -- or possibly three quarters even of goldman sachs employees were supporting financially president obama going into that campaign where he was initially elected. this time around, it appears that 70% are putting their money behind mitt romney. i think it's the continual presentation of attacks on bankers, on the financial sector, the blame being attached to them for the global financial crisis. i think people on wall street and in the city of london for that matter are frankly just had enough of hearing this, the blame game. they're putting their money where their mouth is. and that's mitt romney
for the united states, you got to deal with the fiscal cliff, the imf saying that combination of tax hikes and spending cuts could lock 4% of gdp growth in 2013. a message from our friends at the imf. back to you. >> also, i want to ask you about this story. "the wall street journal" reporting this morning, goldman sachsm turning their back on president obama. is this a trend an wall street this time around? >> this is a fascinating story. this is a real about turn....
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tax hike. >> warren buffett will pay more in taxes. that sort of works but he never really got there. >> they think the same thing as what he said last week after he said that the middle class has been buried over the past four years. >> i just don't think people that are dumb. >> i will tell you, though, i would be willing to bet some money that the vice president will be much more effective in his debate with paul ryan than the president was in his debate with mitt romney because the vice president is used to getting beaten up. >> well, that's not a really high bar, is it, now. gene robinson, you wrote "obama's off night gives romney an opening." and i do think that joe biden has been out there and is used to getting beat up. and i think will do very well in the debate along with paul ryan. but your column, talking about obama's off night. can you help us out here? we're trying to figure out what happened to president obama. where was he? >> where was he? that's the question. it was really, you know, you kind of watched the thing unf
tax hike. >> warren buffett will pay more in taxes. that sort of works but he never really got there. >> they think the same thing as what he said last week after he said that the middle class has been buried over the past four years. >> i just don't think people that are dumb. >> i will tell you, though, i would be willing to bet some money that the vice president will be much more effective in his debate with paul ryan than the president was in his debate with mitt...
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Oct 8, 2012
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i don't have a tax cut that's $4 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. i think we need more. don't believe me. speaker gingrich was pretty eloquent in running during the primaries and saying mitt romney will say absolutely anything to get elected. >> you know, the thing is again, robert gibbs is saying this five days late e, four days later. why didn't the president say that the night of the debate? and secondly, i don't know about you guys, but i'm thinking if it was my gut reaction and again, i was harshly critical of mitt romney and i'm a guy that worries first about debt and i always have. i heard mitt romney say i won't pass a tax cut that raises the deficit. sounds pretty much like the romney doctrine to me. that's what i took away from that debate. >> coming up, the mayor of chicago, rahm emanuel joins us. how chicago is going up against san antonio to see which city can get healthier, first. and up next, a new pbs documentary goes behind the scenes of the presidential campaigns for the person
i don't have a tax cut that's $4 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. i think we need more. don't believe me. speaker gingrich was pretty eloquent in running during the primaries and saying mitt romney will say absolutely anything to get elected. >> you know, the thing is again, robert gibbs is saying this five days late e, four days later. why didn't the president say that the night of the debate? and secondly, i don't...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. >>> joining us, the democratic strategist hilary rosen and republican strategist john feri. seeing a softer side of mitt romney, telling personal stories we haven't heard him do in the past. let me play a little clip. >> so i put my hand on his shoulder and i reached over and i said, billy,
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the...
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romney smiled real pretty but still said nothing to clue us in on his specifics on tax plan or foreign policy. this from david. darn right, conservatives are itching to get to the polls, we can't take four more years of an ineffective presidency. not enthusiastic at all. i really don't care for either candidate what we need is a strong third or maybe fourth political party so we have a real choice. i will vote for obama because in spite of his failings, i think obama cares more about the middle class. facebook.com/carolcnn. thanks for your comments and thanks for watching my show today. i am karen costello. "cnn newsroom" continues with ashley banfield. >>> hello, everybody. here is how we begin. the story of the house is the romney doctrine, the world according to the republican nominee for the president of the united states. mitt romney is laying out his foreign policy platform in just about 20 minutes from now and we have the live cameras trained at the virginia military institute. will you hear him as he takes to the mic and possibly a global audience. you will hear it here on cnn
romney smiled real pretty but still said nothing to clue us in on his specifics on tax plan or foreign policy. this from david. darn right, conservatives are itching to get to the polls, we can't take four more years of an ineffective presidency. not enthusiastic at all. i really don't care for either candidate what we need is a strong third or maybe fourth political party so we have a real choice. i will vote for obama because in spite of his failings, i think obama cares more about the middle...
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nobody knows what their tax rate will be. so companies who can put off hiring are putting it off. >> if you were to advise the romney camp because they're counting on stumping on the bad economy, bad job growth, all of that, what would you advise them right now? would they need to recraft their message? stay away from it? how do they capitalize on their message and at the same time, not contradict what the latest numbers and indicators are saying? >> well, mitt romney is right when he says the economy is not recovering enough, but i think he's got a problem which is that when people sort of intuitively feel things getting better and they hear a candidate who keeps saying things are not getting better. things are not getting better fast enough. he comes off as a gloomy gus. so i think the best thing romney can probably do is we know he's going to continue telling us what's wrong with the economy. he's generally right about that. he should start talking about some of the positive proactive things he plans to do to really reinvi
nobody knows what their tax rate will be. so companies who can put off hiring are putting it off. >> if you were to advise the romney camp because they're counting on stumping on the bad economy, bad job growth, all of that, what would you advise them right now? would they need to recraft their message? stay away from it? how do they capitalize on their message and at the same time, not contradict what the latest numbers and indicators are saying? >> well, mitt romney is right when...